FreeholdCCRDistrict 9 (Novena)

The Atelier

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2026 (URA)
Quick Summary

The Atelier is a freehold apartment in District 9 (Novena) that obtained TOP in 2024, with 120 units across 1 block. Across 124 transactions on record, units have recently transacted around S$2.20M (S$2,715 psf, ~872 sqft). There are 15 units for sale from S$1.48M to S$4.35M.

1

What are the key facts about The Atelier?

Key Takeaway

The Atelier is a freehold apartment in District 9 (Novena) that obtained TOP in 2024, with 120 units across 1 block.

Tenure
Freehold
TOP / Completion
2024
Developer
BUKIT SEMBAWANG LAND PTE LTD
Total units
120
Blocks
1
District / Area
District 9 (Novena)
Market segment
CCR
Median PSF
S$2,715 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at The Atelier?

Key Takeaway

Units have recently transacted around S$2.20M (S$2,715 psf), at a gross rental yield of about 2.8% (URA caveat data).

Recent median price

S$2.20M

recent · 124 sales on record

Median PSF

S$2,715 psf

recent transactions

Median rent (monthly)

S$5,223

82 rentals on record

Gross rental yield

2.8%

indicative, gross

Source: URA caveat data, through May 2026.

3

What has recently sold at The Atelier?

Key Takeaway

The Atelier has 124 recorded sales; the most recent transacted at S$3,825,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$3,825,0001,281S$2,986 psf
Mar 2026S$2,450,000915S$2,678 psf
Feb 2026S$2,200,000872S$2,523 psf
Dec 2025S$3,480,0001,173S$2,966 psf
Aug 2023S$1,498,000549S$2,729 psf
Jul 2023S$1,528,000549S$2,783 psf
Jul 2023S$1,538,000549S$2,802 psf
Jul 2023S$1,508,000549S$2,747 psf
Jul 2023S$1,490,580549S$2,715 psf
Jul 2023S$3,341,5201,281S$2,609 psf
Jun 2023S$3,177,7751,281S$2,481 psf
Jun 2023S$3,980,0001,496S$2,660 psf

124 sales and 82 rentals on record since Mar 2021. Source: URA.

4

Are prices at The Atelier rising?

Key Takeaway

The median transacted PSF at The Atelier has fallen 2% over the past 5 years (20212026), from S$2,743 psf to S$2,678 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,678 psfS$2.45M3+0.0%
2023S$2,678 psfS$2.37M100+3.0%
2022S$2,600 psfS$2.97M13-5.2%
2021S$2,743 psfS$3.22M7

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around The Atelier?

Key Takeaway

8,302 CEA-registered agents closed at least one recorded deal in District 9 — where The Atelier sits — in the last 12 months, across all property types.

Active agents · 12mo

8,302

District 9 · closed ≥1 deal

Deals on record

67,330

all-time · all property types

Source: CEA public transaction records, attributed to District 9across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at The Atelier?

Key Takeaway

The Atelier has 15 units listed for sale, spanning 1–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom7S$1.48M–S$1.80M
2-bedroom7S$2.59M–S$2.69M
3-bedroom1S$4.35M–S$4.35M
7

Where is The Atelier and what's nearby?

Key Takeaway

The Atelier is located in Novena, in the Central Region of Singapore.

The Atelier is a freehold apartment completed in 2024. It was developed by BUKIT SEMBAWANG LAND PTE LTD. The development has 120 residential units. It sits on a land area of 3,863 sqm and has a gross floor area of 10,817 sqm. The plot ratio is 2.8.

THE ATELIER is located at 2 Makeway Avenue, Singapore 228599. It is part of District 09, Orchard / Cairnhill / River Valley, Novena. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Newton MRT, approximately 445m away, around 7 minutes on foot. Nearby amenities include United Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Hooper Rd Pg for greenery and recreation. Facilities in the development include Car Park, Clubhouse, Community Garden, Fitness corner, Lap pool, and 24 hours security.

8

Who built The Atelier and how big is the development?

Key Takeaway

The Atelier was developed by BUKIT SEMBAWANG LAND PTE LTD, with 120 units over up to 22 storeys.

Developer
BUKIT SEMBAWANG LAND PTE LTD
Floors
22 storeys
Blocks
1
Land area
3,863 sqm (41,581 sqft)
Gross floor area
10,817 sqm (116,433 sqft)
Plot ratio
2.80
9

How far is The Atelier from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Atelier is Newton MRT, about 445 m away (~7 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority397 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority703 m
  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority901 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km988 m
  • Farrer Park Primary SchoolPrimary school1.0 km
  • St. Margaret's School (Primary)Primary school1.1 km
  • Catholic Junior CollegeJunior college1.5 km
  • School Of The Arts, SingaporeMixed-level school1.7 km

Shops, food & parks

Mall: United Square · 532 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 532 mHawker centre: Newton Food Centre · 245 mPark: Hooper Rd Pg · 190 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does The Atelier have?

Key Takeaway

The Atelier has 8 facilities, including Car Park, Clubhouse, Community Garden, Fitness corner, and more.

Car ParkClubhouseCommunity GardenFitness cornerLap pool24 hours securitySteam bathSwimming pool
11

What does it cost to own a unit at The Atelier?

Key Takeaway

Buying a unit at The Atelier (~S$2.20M) needs about S$16,105/mo in income and S$7,409/mo in repayments, after S$79,600 stamp duty and a S$550k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.20M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$79,600

BSD, tiered

Downpayment (25%)

S$550k

cash + CPF

Monthly instalment

S$7,409/mo

30y @ 3.5%

Income required

S$16,105/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about The Atelier? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Atelier's own transactions.

PropKaki
Is The Atelier a good buy, and what are units selling for?

Recent units at The Atelier sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about The Atelier

How much does a unit at The Atelier cost?

Units at The Atelier have recently transacted around S$2.20M (S$2,715 psf), from 124 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Atelier?

For a unit around S$2.20M as a first home, you'd need roughly S$16,105/mo in income (assessed at the stress-test rate), with repayments near S$7,409/mo after a S$550k (25%) downpayment and S$79,600 Buyer's Stamp Duty.

Is The Atelier a good investment?

Gross rental yield is about 2.8%; median PSF has fallen about 2% since 2021. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at The Atelier going up?

The median transacted PSF at The Atelier has fallen about 2% between 2021 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Atelier freehold or leasehold?

The Atelier is freehold — ownership does not expire.

When was The Atelier built and who developed it?

The Atelier obtained TOP in 2024, developed by BUKIT SEMBAWANG LAND PTE LTD, with 120 units across 1 block.

How many units are for sale at The Atelier?

There are 15 units for sale at The Atelier, from S$1.48M to S$4.35M.

What is the nearest MRT to The Atelier?

The nearest MRT/LRT station to The Atelier is Newton MRT, about 445 m away (~7 min walk).

Which primary schools are within 1 km of The Atelier?

Anglo-Chinese School (Junior), St. Joseph's Institution Junior, Anglo-Chinese School (Primary) are within 1 km of The Atelier — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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